China - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingData Storage Device Price in China - 2023
Contents:
- Data Storage Device Price in China (CIF) - 2023
- Data Storage Device Price in China (FOB) - 2023
- Data Storage Device Imports in China
- Data Storage Device Exports in China
Data Storage Device Price in China (CIF) - 2023
The average data storage device import price stood at $58.9 per unit in September 2023, almost unchanged from the previous month. Over the period under review, the import price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 7.2% month-to-month. As a result, import price attained the peak level of $78.3 per unit. From February 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Singapore ($97.2 per unit), while the price for Vietnam ($30.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+0.5%), while the prices for the other major suppliers experienced a decline.
Data Storage Device Price in China (FOB) - 2023
The average data storage device export price stood at $48.7 per unit in September 2023, with an increase of 8.4% against the previous month. In general, the export price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 16% m-o-m. The export price peaked at $71.9 per unit in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($76.2 per unit), while the average price for exports to Indonesia ($12.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Data Storage Device Imports in China
Data storage device imports into China dropped slightly to 284M units in 2022, which is down by -4.6% against the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 297M units, and then reduced modestly in the following year.
In value terms, data storage device imports shrank to $23B in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $25.2B, and then shrank in the following year.
Import of Data Storage Device in China (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 8.2 | 7.4 | 9.2 | 6.2 | -8.9% |
South Korea | 2.2 | 2.4 | 3.7 | 4.2 | 24.1% |
Malaysia | 1.6 | 1.5 | 1.8 | 2.6 | 17.6% |
Philippines | 1.9 | 0.9 | 1.2 | 0.9 | -22.0% |
Singapore | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
Taiwan (Chinese) | 3.9 | N/A | N/A | N/A | 0% |
Others | 0.4 | 8.6 | 8.7 | 8.5 | 177.0% |
Total | 18.6 | 21.2 | 25.2 | 23.0 | 7.3% |
Top Suppliers of Data Storage Device to China in 2022:
- Thailand (67.0M units)
- Malaysia (42.2M units)
- South Korea (34.1M units)
- Philippines (11.2M units)
- Singapore (4.0M units)
Data Storage Device Exports in China
Data storage device exports from China declined rapidly to 212M units in 2022, which is down by -22.4% compared with 2021. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.4% against the previous year. As a result, the exports attained the peak of 273M units, and then shrank notably in the following year.
In value terms, data storage device exports fell notably to $13.8B in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 6.2% against the previous year. As a result, the exports reached the peak of $18.4B, and then reduced notably in the following year.
Export of Data Storage Device in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,424 | 2,519 | 1,977 | 1,918 | -7.5% |
South Korea | 1,006 | 1,512 | 1,221 | 1,245 | 7.4% |
Singapore | 701 | 578 | 640 | 655 | -2.2% |
Netherlands | 656 | 568 | 600 | 464 | -10.9% |
Japan | 506 | 438 | 425 | 351 | -11.5% |
Germany | 376 | 305 | 371 | 263 | -11.2% |
Russia | 90.8 | 103 | 172 | 212 | 32.7% |
Malaysia | 386 | 190 | 249 | 206 | -18.9% |
Thailand | 303 | 245 | 279 | 186 | -15.0% |
India | 77.7 | 69.5 | 97.4 | 140 | 21.7% |
United Kingdom | 126 | 116 | 170 | 137 | 2.8% |
Poland | 120 | 103 | 135 | 99.6 | -6.0% |
Vietnam | 30.5 | 29.4 | 30.4 | 88.4 | 42.6% |
Others | 10,477 | 10,573 | 12,062 | 7,810 | -9.3% |
Total | 17,280 | 17,349 | 18,429 | 13,775 | -7.3% |
Top Export Markets for Data Storage Device from China in 2022:
- South Korea (20.8M units)
- United States (13.7M units)
- Singapore (9.4M units)
- Japan (8.3M units)
- India (6.0M units)
- Germany (5.2M units)
- Netherlands (4.2M units)
- Thailand (4.1M units)
- Vietnam (3.0M units)
- Russia (3.0M units)
- Malaysia (2.7M units)
- Poland (2.4M units)
- United Kingdom (2.2M units)
This report provides an in-depth analysis of the data storage device market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26202100 - Storage units
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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